6080 22Nd AveSt. Petersburg, FL 33710

This exceptional 14-unit apartment building in St. Petersburg, Florida, presents a compelling investment opportunity. Boasting 11,380 square feet of net rentable space, the property, built in 1970, offers a unique unit mix catering to diverse tenant needs, ensuring high occupancy rates. Significant value-add potential is evident in the larger units, which underwent a complete renovation in 2022, featuring modern interiors and upgraded amenities. This translates to increased rental income and strong tenant retention. The property also benefits from a reliable supplemental income stream through HOA fees, varying by unit type. Tenants enjoy convenient access to a nearby community pool, on-site coin-operated laundry, and assigned storage closets. The prime location adds further appeal, with the JW Cate Recreation Center directly across the street and Treasure Island Beach a short 10-minute drive away. Major shopping centers, Tyrone Square and Crosswinds, are less than a mile from the property, providing residents with ample shopping, dining, and entertainment options. This well-maintained property offers a blend of immediate income generation and long-term growth potential, making it an attractive investment in a thriving Florida market. The property is located at 6080 22nd Ave N, St. Petersburg, FL 33710, in Pinellas County.